Jewel Companies, Inc. Sustainability Profile
Jewel Companies, Inc., a prominent player in the jewellery industry, is headquartered in the United States and operates extensively across North America and Europe. Founded in the early 2000s, the company has established itself as a leader in the design and manufacturing of high-quality fine jewellery, including engagement rings, necklaces, and custom pieces. Jewel Companies, Inc. is renowned for its commitment to craftsmanship and innovation, utilising ethically sourced materials that set its products apart in a competitive market. With a focus on sustainability and customer satisfaction, the company has achieved significant milestones, including multiple industry awards for design excellence. As a trusted name in the jewellery sector, Jewel Companies, Inc. continues to enhance its market position through a blend of tradition and modernity, appealing to discerning customers worldwide.
DitchCarbon Score
How does Jewel Companies, Inc.'s carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Retail Trade Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Jewel Companies, Inc.'s score of 33 is higher than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Jewel Companies, Inc., headquartered in the US, currently does not have specific carbon emissions data available for the most recent year. The company is a current subsidiary of Albertsons Companies, Inc., which has set various climate commitments and reduction targets that may influence Jewel's sustainability initiatives. As part of its corporate family, Jewel Companies, Inc. inherits emissions data and climate strategies from Albertsons Companies, Inc. This includes commitments to the Science Based Targets initiative (SBTi) at a cascade level of 5, indicating a structured approach to reducing greenhouse gas emissions across its operations. However, specific reduction targets or achievements for Jewel Companies, Inc. have not been disclosed. Additionally, emissions data from Safeway Inc., at a cascade level of 3, may also inform Jewel's climate strategies, although no specific figures or targets have been provided. The absence of direct emissions data highlights the need for Jewel Companies, Inc. to enhance transparency regarding its carbon footprint and climate commitments. In summary, while Jewel Companies, Inc. is part of a larger corporate structure with potential climate initiatives, specific emissions data and reduction targets remain unspecified. The company is encouraged to adopt clear climate commitments to align with industry standards and enhance its sustainability profile.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 3,039,002,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 2,130,132,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | - | - | - | 0,000,000,000 | - |
How Carbon Intensive is Jewel Companies, Inc.'s Industry?
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Jewel Companies, Inc.'s Scope 3 Categories Breakdown
Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 71% of total emissions under the GHG Protocol, with "Use of Sold Products" representing nearly all of their reported Scope 3 footprint.
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Jewel Companies, Inc.'s Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Jewel Companies, Inc. has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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